Multi Select
Oxford Life Insurance Company
5.2%
Best Rate
10%
Free W/D
46
States
The Multi-Select® Multi-Year Guaranteed Annuity is a fixed annuity that locks in a guaranteed interest rate for 3–10 years, grows tax-deferred, and offers flexibility to renew at competitive rates. It's designed for conservative investors seeking stable growth and predictable income in retirement.
Free Withdrawal
10%/yr
Available In
46 states
Min Premium
$20,000
Surrender
10 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.3% |
| 4-Year | 4.75% |
| 5-Year | 4.8% |
| 6-Year | 5.15% |
| 7-Year | 5.05% |
| 8-Year | 5.2% |
| 9-Year | 5.1% |
| 10-Year | 5.15% |
Key Features
Guaranteed Interest Rates
Minimum 1% guaranteedInterest rates are locked in for your chosen guarantee period (3–10 years) and are guaranteed never to fall below 1%.
30-Day Renewal Window
No charges during renewal windowAt the end of your guarantee period, you have 30 days to renew at a current competitive rate with no surrender charges or market value adjustment.
Penalty-Free Withdrawals
10% annually penalty-freeWithdraw up to 10% of your accumulated value per year starting in year two without surrender charges.
Tax-Deferred Growth
100% of accumulation value earns interestInterest earned is not taxed until you withdraw funds; Roth IRA qualified withdrawals may be tax-free.
Market Value Adjustment
Applied only during surrender/withdrawal charge periodInterest rates can be credited higher than products without this feature; adjustment increases surrender value when rates fall and decreases it when rates rise.
Flexible Premium Amounts
$20,000 minimumStart with a minimum of $20,000; up to $1,000,000 for ages 18–75, $750,000 for ages 76–80, and $500,000 for ages 81–85.
Multiple Payout Options
Available after first policy yearChoose period-certain payments (up to 30 years), lifetime income, or lifetime income with a guaranteed period certain when you annuitize.
Health-Related Charge Waivers
Waived with qualifying diagnosisSurrender charges are waived if diagnosed as terminally ill, chronically ill with home health care, or confined to a nursing home for 90+ days (after one year).
Highlights
Guaranteed interest rates for your chosen term (3–10 years) with rates never dropping below 1%
Flexibility to renew your guarantee period at competitive rates with a 30-day window at maturity
Tax-deferred growth on 100% of your accumulation value with no administrative fees
Penalty-free access to up to 10% of your accumulated value annually starting in year two
Multiple payout options including lifetime income and period-certain payments when you annuitize
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Home health care rider, Nursing home waiver, Terminal illness waiver
Best For
Conservative investors in or near retirement who want predictable, guaranteed growth, tax deferral, and the flexibility to renew at competitive rates without early withdrawal penalties.
Consider Alternatives If
Investors who need immediate access to large sums of money, prefer market-indexed growth potential, or are uncomfortable with surrender charges on early withdrawals.
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